Starbucks (SBUX) Surprise Earnings Announcement

With a new CEO at the helm, Starbucks (SBUX) released preliminary 4Q and FY24 earnings unexpectedly. The company says 4Q Comp. Sales were down 7% and it says FY25 guidance will be suspended. Alex Coffey and Caroline Woods join Oliver Renick to break it all down as details percolate to the surface.

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